Category Archives: Consumer

News Alert: Fee Cut by FHA Set to Benefit First-Time Buyers

The Federal Housing Administration made an announcement on Monday, January 9th to cut fees, effectively lowering the financing cost for first-time home buyers. Set to take effect January 27th, the fee cut may alleviate the burden of rising interest rates … Continue reading

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REALTORS® Have a Heart: Hampton Roads members assist hurricane victims

The Hampton Roads REALTORS® Association (HRRA) has given essential aid to neighbors in the wake of Hurricane Matthew. Through their REALTORS® Have a Heart Flood Relief effort, HRRA members have worked tirelessly to deliver care packages, going door to door … Continue reading

Posted in Community, Consumer, In the News, Local Associations | 1 Comment

Get your home ready for winter

Whether you’re ready or not, winter is coming. And while we don’t know if this season will be milder or more severe than normal, it will undoubtedly be colder and gloomier than the rest of the year. However, there are … Continue reading

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Legal Video: Servicemembers’ Civil Relief Act

VAR’s Laura Farley provides an overview of the Servicemembers’ Civil Relief Act, how the law can impact leases in Virginia and how it interplays with the Virginia Residential Landlord Tenant Act. As we recognize Veterans Day this week (November 11), … Continue reading

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Virginia REALTORS® promote National Preparedness Month

In recognition of September as National Preparedness Month, Virginia REALTORS® are encouraging people to ready themselves by making plans for how to stay safe and communicate during an emergency. Preparedness Month reminds us all to collect supplies and make and … Continue reading

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ICYMI: Why Homeownership Matters

Last Friday, Lawrence Yun, chief economist for the National Association of REALTORS®, penned an op-ed for titled “Why Homeownership Matters.” In the article, Yun lays out five reasons why it is important for people to own homes and notes … Continue reading

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Prepare to save: Virginia tax-free weekend August 5-7, 2016

The 2016 Virginia three-day tax-free holiday will begin on Friday, August 5, at 12:01 a.m. and end on Sunday, August 7, at 11:59 p.m. Under Virginia law, the tax rate is generally 5.3% (6% in certain jurisdictions) of the sales … Continue reading

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The world according to IKEA: Life at Home Report

This is the third consecutive year that IKEA launched the Life at Home report, which looks at the home life of people all over the world. The report digs deeper into what actually makes a home for people. What ingredients … Continue reading

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May Sales Boost Virginia Housing Market

According to the May 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), the Virginia housing market continues a strong growth trend. Year-over-year, the number of transactions rose by nearly 11 percent, from 10,369 sales to 11,499. … Continue reading

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Stay cool and save money this summer

The dog days of summer are here. How do you, your family and clients prepare your homes in order to stay cool. Here you’ll find strategies to help you save energy during the spring and summer when the weather is … Continue reading

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